Global Ship (Germany) Probability of Future Stock Price Finishing Under 20.01
| 37H Stock | EUR 20.34 0.16 0.78% |
Global |
Global Ship Target Price Odds to finish below 20.01
The tendency of Global Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 20.01 or more in 90 days |
| 20.34 | 90 days | 20.01 | near 1 |
Based on a normal probability distribution, the odds of Global Ship to drop to € 20.01 or more in 90 days from now is near 1 (This Global Ship Lease probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Ship Lease price to stay between € 20.01 and its current price of €20.34 at the end of the 90-day period is about 1.36 .
Assuming the 90 days horizon Global Ship has a beta of 0.18. This suggests as returns on the market go up, Global Ship average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global Ship Lease will be expected to be much smaller as well. Additionally Global Ship Lease has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Global Ship Price Density |
| Price |
Predictive Modules for Global Ship
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Ship Lease. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Global Ship Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Ship is not an exception. The market had few large corrections towards the Global Ship's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Global Ship Lease, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Ship within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | -0.13 |
Global Ship Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Global Ship for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Ship Lease can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Ship Lease generated a negative expected return over the last 90 days |
Global Ship Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Global Stock often depends not only on the future outlook of the current and potential Global Ship's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Global Ship's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.5 M |
Global Ship Technical Analysis
Global Ship's future price can be derived by breaking down and analyzing its technical indicators over time. Global Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Ship Lease. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Ship Predictive Forecast Models
Global Ship's time-series forecasting models is one of many Global Ship's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Global Ship's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Global Ship Lease
Checking the ongoing alerts about Global Ship for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Ship Lease help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Ship Lease generated a negative expected return over the last 90 days |
Additional Information and Resources on Investing in Global Stock
When determining whether Global Ship Lease is a strong investment it is important to analyze Global Ship's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Ship's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:Check out Global Ship Backtesting, Global Ship Valuation, Global Ship Correlation, Global Ship Hype Analysis, Global Ship Volatility, Global Ship History as well as Global Ship Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.